Rising Urbanization Drives The Waste Management And Recovery Services Market: Pivotal Factor Influencing Waste Management And Recovery Services Market Growth in 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Waste Management And Recovery Services Market Size Growth Forecast: What to Expect by 2025?
In recent years, there has been a consistent expansion in the market size of waste management and recovery services. This market is projected to increase from $185.31 billion in 2024 to $193.49 billion in 2025, yielding a compound annual growth rate (CAGR) of 4.4%. The growth witnessed in the past years is due to legislations, heightened environmental consciousness, a transition to a circular economy, and the issues pertaining to resource scarcity.

How Will the Waste Management And Recovery Services Market Size Evolve and Grow by 2029?
The market size of waste management and recovery services is forecasted to experience dynamic growth in the upcoming years. It is expected to rise to $240.41 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 5.6%. The proliferation in the projected period can be linked to the onset of creative business models, transition towards eco-friendly practices, capital investment in infrastructure, rapid urbanization, and demographic escalation, coupled with increased environmental cognizance. The significant trends predicted for this period encompass waste-to-energy initiatives, emphasis on recycling methodologies, enlargement of circular economy structures, intelligent waste management approaches, and bio-based as well as biodegradable materials.

View the full report here:
https://www.thebusinessresearchcompany.com/report/waste-management-and-recovery-services-global-market-report

What Drivers Are Propelling the Growth of Waste Management And Recovery Services Market Forward?
The anticipated growth of the waste management and recovery services market is largely fuelled by increasing urbanization. This term encompasses the massive demographic shift from rural to urban settings, and the subsequent physical transformations these areas undergo, leading to the production of waste. This waste generation poses health risks and contributes to the degradation of the urban environment. Waste management plays a vital role in minimizing and eliminating waste produced due to urbanization, contributing to a more pristine environment. As noted by The World Bank, a financial institution based in the US, the global urban population is projected to rise from 4.4 billion in 2022 to around 6 billion by 2045. This equates to a roughly 1.6 times increase from the current urban populace. Therefore, the surge in urbanization acts as a catalyst for the waste management and recovery services market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9371&type=smp

Which Emerging Trends Are Transforming the Waste Management And Recovery Services Market in 2025?
Innovative approaches to waste management are becoming a pivotal trend in the waste management and recovery services market. Leading corporations in this market are prioritizing the creation of novel products to solidify their market standing. As an illustration, in October 2022, Casella Waste Systems, Inc., an American waste management firm, collaborated with TerraCycle, another waste management firm based in the US, to launch an inventive home recycling scheme, TerraCycle Pouch, for items that are difficult to recycle. This allows consumers to deter waste from ending up in landfills, involve their local communities, and earn rewards for their contribution. The primary objective is to recycle over 20 materials that are challenging to recycle, and to offer additional services.

What Are the Key Segments in the Waste Management And Recovery Services Market?
The waste management and recovery servicesmarket covered in this report is segmented -

1) By Service Type: Collection, Open Dumping, Incineration Or Combustion, Landfill, Recycling
2) By Waste Type: Hazardous Waste, E-Waste, Municipal Waste, Plastic Waste, Industrial Waste, Other Waste
3) By End User: Residential, Commercial, Industrial

Subsegments:
1) By Collection: Residential Collection, Commercial Collection, Industrial Collection, Hazardous Waste Collection
2) By Open Dumping: Unregulated Dump Sites, Regulated Dump Sites
3) By Incineration Or Combustion: Waste-To-Energy Incineration, Hazardous Waste Incineration
4) By Landfill: Municipal Solid Waste Landfill, Hazardous Waste Landfill, Sanitary Landfill
5) By Recycling: Curbside Recycling, Drop-Off Recycling, Industrial Recycling, E-Waste Recycling

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9371&type=smp

Who Are the Key Players Shaping the Waste Management And Recovery Services Market's Competitive Landscape?
Major companies operating in the waste management and recovery services market include Suez Environment SA, Veolia Environment SA, Republic Services Inc., Biffa plc, Clean Harbors Inc., Daiseki Co. Ltd., Hitachi Zosen Corporation, Remondis Se & Co. KG, Waste Management Inc., Casella Waste Systems Inc., Cleanaway Waste Management Limited, FCC Environment Ltd., GFL Environmental Inc., GreenWaste Recovery Inc., IQR Solutions AB, Meridian Waste Solutions Inc., Recology Inc., Rumpke Consolidated Companies Inc., Stericycle Inc., Waste Connections Inc., Waste Pro USA Inc.

What Geographic Markets Are Powering Growth in the Waste Management And Recovery Services Market?
North America was the largest region in the waste management and recovery services market in 2024. The regions covered in the waste management and recovery services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9371

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Speak With Our Expert:
Saumya Sahay
Americas +1 310-496-7795,
Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.